Since it came into force in 1994, the NAFTA has and continues to bring up questions regarding its implication in regards to the freshwater resources of its parties, Canada, the United States and Mexico. The main criticism is that freshwater could be considered a product under NAFTA. NAFTA’s wording does not prohibit the commodification of freshwater, nor does the 1993 Joint Declaration issued by the governements of Canada, the United States and Mexico, because of its formulation, content and legal status. The pressures to allow the commodification of this vital resource are powerful. Yet, the commodification of freshwater has negative impacts that need to be addressed in this master’s thesis.